WonderFi Stock Forecast is based on your current time horizon. Although WonderFi Technologies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of WonderFi Technologies' systematic risk associated with finding meaningful patterns of WonderFi Technologies fundamentals over time.
On November 21, 2024 WonderFi Technologies had Accumulation Distribution of 144916.0. The accumulation distribution (A/D) indicator shows the degree to which WonderFi Technologies is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of WonderFi Technologies to determine if accumulation or reduction is taking place in the market. This value is adjusted by WonderFi Technologies trading volume to give more weight to distributions with higher volume over lower volume.
On November 22 2024 WonderFi Technologies was traded for 0.21 at the closing time. The highest price during the trading period was 0.21 and the lowest recorded bid was listed for 0.20 . The volume for the day was 1.3 M. This history from November 22, 2024 contributed to the next trading day price boost. The trading price change to the next closing price was 5.00% . The trading price change to the current price is 10.00% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Other Forecasting Options for WonderFi Technologies
For every potential investor in WonderFi, whether a beginner or expert, WonderFi Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. WonderFi Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in WonderFi. Basic forecasting techniques help filter out the noise by identifying WonderFi Technologies' price trends.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with WonderFi Technologies stock to make a market-neutral strategy. Peer analysis of WonderFi Technologies could also be used in its relative valuation, which is a method of valuing WonderFi Technologies by comparing valuation metrics with similar companies.
WonderFi Technologies Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of WonderFi Technologies' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of WonderFi Technologies' current price.
Market strength indicators help investors to evaluate how WonderFi Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WonderFi Technologies shares will generate the highest return on investment. By undertsting and applying WonderFi Technologies stock market strength indicators, traders can identify WonderFi Technologies entry and exit signals to maximize returns.
The analysis of WonderFi Technologies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in WonderFi Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wonderfi stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Other Information on Investing in WonderFi Stock
WonderFi Technologies financial ratios help investors to determine whether WonderFi Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WonderFi with respect to the benefits of owning WonderFi Technologies security.